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Microcap & Penny Stocks
AAA big potential for Capital Gains Tax Cut
An SI Board Since January 1997
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Emcee:  Dwayne Hines Type:  Unmoderated
Washington is finally moving toward a potential capital gains tax cut. Representative Robert Matsui (D - California) has proposed letting investors exclude 75% of their gains on stock in companies worth less than $100 million (Business Week, Feb.3, 1997, p.49). Senators Hatch (R -Utah) and Lieberman (D-Conn) are proposing a tax that would shield 50% of captial gains. There seems to be bipartisan support toward a capital gains cut. Get on the phone, or e-mail, and contact your congressman or congresswoman about the capital gains cut. Cuts like those proposed by Rep. Matsui would especially assist the penny stock investors.
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11 Photonics thread has new edgar filing: Subject 15029robert m evans-5/16/1997
10 Check out the new Photonics thread!robert m evans-5/15/1997
9 "LEAPS Advanced Strategies" will cover advanced strategies, as well aSonki-5/10/1997
8 thanks : pointer wallst, did u read it on line wallst?Sonki-5/10/1997
7 A couple of articles in Friday's (5/9) Wall Street Journal on the tax cutDwayne Hines-5/10/1997
6 I believe that is correct on both counts. They are still negotiating for what Dwayne Hines-5/8/1997
5 Does this mean on $100 profit, I would only pay taxes on $50 gain? Also possibSonki-5/7/1997
4 I have also heard those numbers. I think that Congress will be hammering it ouDwayne Hines-5/6/1997
3 The WSJ seemed to allude to the shield 50% plan...in effect, lowering cap gainsSondo-5/5/1997
2 It seems the President is trying to slide by without giving the Capital gains cDwayne Hines-2/7/1997
1 You can email every member of the house at once by sending through house@mailboDwayne Hines-1/31/1997
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